In this episode we speak with a great guest, Jack Kosakowski about the financial literacy of both students and adults. An really interesting study about money was completed by Junior Achievement and we dig into the findings.

Plus – GDP downgrades, earnings in the spotlight and more…

Jack is the President and Chief Executive Officer of Junior Achievement USA. Junior Achievement is the world’s largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices.

Today, JA reaches 4.8 million students per year in 109 markets across the United States, with an additional 5.2 million students served by operations in 100 other countries worldwide. Kosakowski has total oversight of Junior Achievement in the United States.

Starting as a student in the Junior Achievement program in Toledo, Ohio, he attended the University of Toledo on a Junior Achievement scholarship and has since served in a variety of staff positions with increasing levels of responsibility over the past 40 years. He was named President and CEO of Junior Achievement USA in 2007.

Jack was appointed by President George W. Bush to serve a two-year term on the President’s Advisory Council on Financial Literacy in January 2008. He serves on the Board of Directors of the Achievement Foundation, is a past member of the United States Commission for UNESCO (United Nations Educational, Scientific and Cultural Organization), and serves on the Council on Competitiveness’ Learn to Compete Commission. Kosakowski was also named a Trustee of America’s Promise Alliance.